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Business, 09.03.2020 20:00, payshencec21
A perfect competitive firm will hire workers until the marginal input cost is greater than the marginal product of labor. the value of the marginal product of labor equals wages. the value of the marginal product of labor equals the marginal product of labor. price of output equals wages. marginal product of labor equals zero.
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Business, 21.06.2019 20:30, julesperez22
In general, as long as the number of firms that possess a particular valuable resource or capability is less than the number of firms needed to generate perfect competition dynamics in an industry, that resource or capability can be considered and a potential source of competitive advantage. answers: valuablerareinimitableun-substituta ble
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Business, 22.06.2019 03:00, oliviaberta91
What is the relationship between marginal external cost, marginal social cost, and marginal private cost? a. marginal social cost equals marginal private cost plus marginal external cost. b. marginal private cost plus marginal social cost equals marginal external cost. c. marginal social cost plus marginal external cost equals marginal private cost. d. marginal external cost equals marginal private cost minus marginal social cost. marginal external cost a. is expressed in dollars, so it is not an opportunity cost b. is an opportunity cost borne by someone other than the producer c. is equal to two times the marginal private cost d. is a convenient economics concept that is not real
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